As Spanish bond yields break 7%, the eurozone banking deal begins to unravel
A week ago, Spain secured an advantageous bank deal to drive down soaring bond yields: today, Spanish securities broke the 7% threshold. What’s gone wrong?
Yearly Archives: 2012
Right-wing think tanks at odds with British business on green growth
Four right-wing groups set out policies to ‘build the momentum for growth’ in today’s Telegraph. But these carbon-intensive projects are at odds with British business.
The government’s Work Programme (still) isn’t working
New ONS figures reveal that the number of long-term unemployed has more than doubled since May 2010: a new milestone in the Work Programme’s litany of failure.
Lords reform looks doomed as poll shows most people do not favour mostly elected House
On the same day that 70 Tory MPs pledged to rebel against Lords reform, YouGov today released data showing the public are not supportive of the changes either.
As Yes to Independence campaign splits (again), Cameron considers taking control of Scottish referendum
A former SNP deputy leader and pro-independence heavyweight attacks the Yes campaign’s incoherence, striking “a hammer blow to Alex Salmond”.
Unions claim victory over London 2012 medal makers who wanted to reduce employee rights
The long running lock-out of members of the United Steelworkers union in Canada has been settled, with the union claiming victory based on global union solidarity.
Church report: Austerity created a “hopelessness” to blame for last summer’s riots
Current economic problems have inspired a hopelessness in young people that triggered ‘destructive and antisocial actions’, according to a Church report.
Economic update – July 2012: GDP predicted to fall again
The latest monthly data suggest there will be a further fall in real GDP in the second quarter of this year
Look Left – Libor, banks, inquiries, Osborne… and Cameron’s broken NHS pledge
Shamik Das looks back at the week’s politics, including our progressive, regressive and evidence of the week.
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